Text Size:
A | A

TPH: $5,000 For Permian Acre Today May Prove To Be A Deal

Text Size: A | A
Nissa Darbonne - Editor-at-Large
April 23, 2012

Great deal-price upside remains in the Permian Basin, which is the newest target of horizontal-well application to oil-rich resources, predicts Ward Polzin, managing director and head of A&D for Tudor, Pickering, Holt & Co. Securities Inc.

 The potential for higher deal pricing may also remain in the Utica play in Ohio, he adds. Meanwhile, deal prices have peaked in the Eagle Ford liquids window and in the Bakken at current commodity prices, he says. Polzin addressed members of ADAM-Houston, an organization of E&P M&A professionals, Friday.

 “What has not peaked? ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription